This is great news. With over 40% of global uranium production being from Kazakhstan and a state-run company it is very possible that they will act as a swing producer. Kazakhstan can now voluntarily decrease uranium production in order to artificially increase uranium prices rather than be forced to decrease production as a response to low prices which most miners have been doing.
Oversupply prompts Kazakh uranium production cut, page-2
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Last
$11.18 |
Change
-0.250(2.19%) |
Mkt cap ! $3.342B | |||
| Open | High | Low | Value | Volume |
| $11.66 | $11.66 | $11.18 | $25.19M | 2.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8339 | $11.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.24 | 800 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |